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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency on: June 20, 2017, 02:19:58 PM
ZEN is going to skyrocket, wish I could buy more while the price is so low. I have a lot of BTC held at other Cryptos right now.
I'm considering selling and buying ZEN instead, $6.80 is too good of a entry price.
Master-node requirements are very low and when you compare it to other coins this is very cheap way to get new coins even more efficient than mining, so you can imagine what will happen when this becomes ready for use..thousands of coins will be purchased for this propose.

What are the requirements for a zencash node?
What is the gain per node?
And how many nodes are there today

I appreciate your answers

Secure nodes aren't up and running yet.  Right now there is supposed to be a requirement of 42 zen stored on the node (that value might change).  The goal is for 1000+ secure nodes.  Gain is based on the number of secure nodes but 3.43% of mined zen will be redirected to secure nodes.  Here is a node setup guide from a member of the zen team. https://blockoperations.com/build-zencash-secure-node-part-1-prepare-vps/ https://blockoperations.com/build-zencash-secure-node-part-2-build-zen-node/  (not complete b/c secure nodes haven't been release yet).
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency on: June 16, 2017, 02:14:58 PM
ZenCash has a few strengths. It has committed devs - that hasn't shown through the last fortnight because of the nightmare resulting from one individual's conduct - but over months it should show through. Masternodes also should definitely offer support for price increase, although my view is the number of coins required to be held needs to be higher than the 42 so far suggested to effectively support price.

I thought the Zen dev team response to and resolution of movrcx's departure was very well executed.  They quickly gathered the appropriate resources, determined the root cause, developed a fix, and successfully implemented it all while being transparent with the community.  Their behavior and performance during a crisis speaks strongly.  A smooth secure node implementation is the next step to rebuilding confidence.  If successful, it will hopefully support higher prices.  
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sia - Decentralized Storage on: June 13, 2017, 02:55:02 PM
hello

is there any pool that has low cash out? cuz its 2k siacoin before i can withdraw it to my wallet,
is there any lower?

thanks

I'm using Nanopool.  They used to be 5k cashout but changed to 1k a couple days ago.  https://sia.nanopool.org/
4  Economy / Trading Discussion / Coin Diversification Strategy? on: June 06, 2017, 04:00:48 PM
I'm new to bitcointalk but not a complete novice when it comes to crypo.  I was able to generate a few btc through alt-coin GPU mining, trading, and some luck.  Unfortunately I didn't have a risk mitigation strategy in place, I was greedy, and I didn't think crypo had a future.  I'd swap mining to the newest coin with minimal research (to mine as many as possible before difficulty increased), make greed driven near all-in trades, etc.  I got left holding the bag on some junk-coins but generally was pretty lucky.  After the crash in 2013 I got discouraged and left mining for some time.  Eventually I traded my remaining btc for CSGO items (luckily! My btc was on Cryptsy and I got it a couple weeks before they tanked).  I haven't had time for gaming in a while and decided to return to mining as a hobby/high risk investment.  I have adequate income/savings/investment from my day job so I'm not super concerned about converting a large percentage of crypto to fiat.  My goals are to offset electricity/mining equipment cost, build a mixed fund of BTC/Prominent Alt-Coins for potential long-term gains, and have some coins to trade for fun and hopefully profit.

I think the biggest thing that will help me is having a strategy to diversity my coin holdings along with rules for trading.  A set structure will reduce FOMO and help mitigate risk.  I want to know what your thoughts are on my plan along with what your personally strategies are.  Thus far I have just been observing the markets, researching different coins, and mining higher profit coins.

Start:
  • 50% current crypto converted to btc and hold
  • 25% current crypto left in high volume alt-coin holdings as speculation
    • Target 4-6 alt-coins for medium-term holds
  • 25% current crypto used for trading/high risk alt-coin speculation

On weekly basis:
  • Convert 50% of newly mined crytpo to btc to hold
  • Rebalance alt-coin speculation holdings - Max 33% total holdings
    • If speculation fund greater than 33% total holdings, convert excess to btc and transfer to wallet
    • If less than 25% of total holdings, transfer up to 25% of newly mined coins to speculation fund
  • Rebalance trading fund - Aiming for 25% total crypto holdings for trading. 
    • If fund value greater than 25% total holdings, convert excess to btc and transfer to wallet
    • If fund value less than 25% total holdings, add up to 25% newly mined crypto to trading fund
  • Any remaining balance from mining converted to btc to hold

Trading Rules:
  • No low volume coins (to help reduce risk of bag holding after pump & dumps)
  • Maximum 25% trading fund value available for any individual trade
    • Prevent all-ins
    • Limit maximum number of concurrent trades
    • I will reduce this value as my total crypto holdings increase
  • Aim for 5% profit - sell once target met
  • Stop loss order - I'm unsure about setting a rule for this but suspect I should - thinking 90% of purchase price.  What do you do?

Transfers to FIAT:
  • Withdraw proportionally from main btc wallet, speculation fund, trading fund
  • Used to fund mining hardware purchases
  • Used to fund/partially fund non-standard purchases

Does it seem like I'm on the right track?  What would you do differently?  Why?
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